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Discover the systemic and very complex nature of sustainable innovation, from basic science to sales strategies. Learn the essential role of aggressive pioneer consumers in driving success in the unpredictable world of innovation. Explore the necessity of a dense network and the importance of all stages of development, as detailed in Amar Bhidé's insightful book. Uncover the critical components of breakthrough ideas and the dynamic user engagement that propels innovation forward in a connected world.
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The Venturesome Economy: How Innovation Sustains Prosperity in a More Connected World By Amar Bhidé
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Sustainable Innovation: Systemic. Very complex. The NECESSARYCOMBINATION (very dense network) of EVERYTHINGfrom the development of the Basic Science to numerous INTERMEDIATEStages to Sales Recruiting and Training and Ads. Essential: Clever and numerous AGGRESSIVECONSUMERS*(“venturesome consumption”). Path to success or failure … UNPREDICTABLE. FYI: The World is NOTFLAT. *From Transistor at Bell Labs to on-line gamers. Source: Amar Bhidé, The Venturesome Economy: How Innovation Sustains Prosperity in a More Connected World
Sustainable Innovation: Systemic. Very complex. The COMBINATION (very dense network) of EVERYTHING from theBasic Science*to Sales Recruiting and Training and Ads. Essential: Clever and numerous PIONEER CONSUMERS (“venturesome consumption”). Path to success or failure … UNPREDICTABLE. *Of modest value [& origin mostly irrelevant] unless the ENTIRE INNOVATION CHAIN is in place and aggressively interacting-competing. Source: Amar Bhidé, The Venturesome Economy: How Innovation Sustains Prosperity in a More Connected World
Sustainable Innovation/“Breakthrough Ideas”: • High # of Stages/Stages- • within Stages • Importance of • Intermediate Stages • (3) Engaged Mega-scrum • of Users/Consumers • as Participative/Decisive • “Pull” Mechanism(e.g., UPS • vs. FedEx) • Source: Amar Bhidé, The Venturesome Economy: How Innovation • Sustains Prosperity in a More Connected World